Industry · municipality
Fish Processing in Vågan
An analysis of companies, statistics, and opportunities for entrepreneurs and local decision-makers in Vågan, Nordland, Norway.
Executive Summary
The fish processing industry in Vågan is a small but stable sector with one registered company: Henningsvær Sjømat As. This AS was established in 2022 and had 6 employees in 2025, although operating income, sales revenue, and EBITDA were zero in all reported years. The sector shows an increase in the number of employees from 0 to 6 between 2023 and 2025, but a decline to 4 in 2026. There are no bankruptcy registrations in the sector, but the data show no economic activity. Compared to the broader service sector in Vågan, which grew by 13.1% in sales from 2024 to 2025, there may be potential for development if the fish processing industry can increase its operational activity.
Economic Overview
In Vågan, the fish processing industry has shown an increase in the number of employees from 0 to 6 between 2023 and 2025, with a decline to 4 in 2026. Sales revenue has been zero in all years from 2016 to 2026. This indicates that no economic activity has been registered from the company, even though there is an organizational presence. There is no data on operating results, EBITDA, or wage costs. The only registered company, Henningsvær Sjømat As, has not reported operating income, sales revenue, or EBITDA in any of the years.
Companies in the Industry
There is one registered company in the fish processing industry in Vågan: Henningsvær Sjømat As, an AS established on August 26, 2022. The company has 6 employees and is registered at Dreyers Gate 45 in Henningsvær. There are no other companies in the industry in the municipality. The organizational form is AS, and there is no data on other organizational forms in the industry.
Business Geography
All activities in the fish processing industry in Vågan are concentrated in Henningsvær. The only registered company, Henningsvær Sjømat As, is located there. There is no data on other districts or places in the municipality with activities in this industry.
Business Dynamics
There are no bankruptcy registrations in the fish processing industry in Vågan. The only registered company, Henningsvær Sjømat As, is not bankrupt. The number of employees has increased from 0 to 6 between 2023 and 2025, but has decreased to 4 in 2026. Operating income, sales revenue, and EBITDA are zero in all years, indicating that no economic activity has been registered from the company. This may be a sign that the company is in the start-up phase or has a special operational model.
Outlook
Outlook for Entrepreneurs
The fish processing industry in Vågan is a small but stable industry with potential for development. The only registered company, Henningsvær Sjømat As, has shown an increase in the number of employees, even though no economic activity has been registered. Entrepreneurs should consider opportunities to increase sales revenue and EBITDA, which could lead to better economic results. It is also possible to leverage the broader service sector in Vågan, which has grown by 13.1% in sales from 2024 to 2025. This could lead to positive development for the fish processing industry if they can adapt to the market.
Outlook for the Service Sector
The broader service sector in Vågan has shown a growth in sales from NOK 433.9 million in 2016 to NOK 646.3 million in 2025, with an annual growth rate of 13.1%. The number of employees has also increased from 244 in 2016 to 258 in 2026. This shows that the service sector has stable growth, which could provide opportunities for the fish processing industry in Vågan. Peer companies in the service sector, such as Extra Svolvær 1892 and Ng Kiwi Nord As Avd 177 Svolvær Sentrum, have higher sales and EBITDA than the fish processing industry. This could provide a competitive advantage for the fish processing industry if they can increase their operational activity.
Other companies in tjenester (not in fish store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Extra Svolvær 1892 | supermarket chain | Lofotgata 33, 8300 Svolvær | NOK 71.2M | 20 | NOK 3.9M |
| Extra Kabelvåg 1888 | supermarket chain | Torggata 23, 8310 Kabelvåg | NOK 52.2M | 22 | NOK 2.9M |
| Ng Kiwi Nord As Avd 177 Svolvær Sentrum | supermarket | Lofotgata 52, 8300 Svolvær | NOK 103.7M | 28 | NOK 2.7M |
| Ng Kiwi Nord As Avd 155 Osan Svolvær | supermarket | Måseveien 1, 8300 Svolvær | NOK 98.7M | 27 | NOK 2.6M |
| Storøya Handel As | supermarket chain | Storøyveien 74, 8300 Svolvær | NOK 34.0M | 15 | NOK 2.5M |
| Normal Norge As Avd No1148 Svolvær Alti Svolvær | discount store | Lofotgata 33, 8300 Svolvær | NOK 19.2M | 14 | NOK 2.2M |
| Clas Ohlson As Avd Amfi Svolvær | other non-specialised store | Amfi Svolvær|Lofotgata 33, 8300 | NOK 37.6M | 15 | NOK 1.9M |
| Axel Jacobsen Maskinforretning As | other non-specialised store | Vestfjordgata 68, 8300 Svolvær | NOK 16.3M | 4 | NOK 1.8M |
| Leif Johansen & Co As | supermarket | Dreyers gate 59, 8312 Henningsvær | NOK 22.4M | 19 | NOK 990.0K |
| Joh Malnes Handleri As | supermarket | Dreyers gate 2, 8312 Henningsvær | NOK 9.3M | 9 | NOK 969.0K |
| Jg Hansen As | supermarket | REMA 1000 Svolvær|Valgata 10, 8300 | NOK 115.1M | 28 | NOK 692.0K |
| Kiosken E Jensen Geir Bjørnar Jensen | supermarket | c/o Geir Bjørnar Jensen|Torggata 6, 8310 Kabelvåg | NOK 5.9M | 0 | NOK 519.0K |
| Snarkjøp Digermulen As | supermarket | Fergeleiet, 8324 Digermulen | NOK 9.9M | 6 | NOK 490.0K |
| Marked Skrova 2464 | supermarket chain | Været 7, 8320 Skrova | NOK 4.7M | 4 | NOK 260.7K |
| Gimsøy Landhandel Lofoten As | supermarket | Statsveien 676, 8314 Gimsøysand | NOK 6.4M | 5 | NOK 185.0K |
| Svolvær Asia Butikk As | ethnic grocery store | Roald Amundsens gate 19, 8300 Svolvær | NOK 2.7M | 4 | NOK 96.0K |
| Laukvik Butikkdrift As | supermarket | Laukvikveien 22, 8315 | NOK 7.3M | 7 | NOK 36.0K |
| 8313 Strauman As | supermarket | Brennaveien 839, 8313 Kleppstad | NOK 0 | 0 | NOK 0 |
| Kioskdrift Alexander Fredriksen As | kiosk chain | Vestfjordgata 1, 8300 Svolvær | NOK 0 | 4 | NOK 0 |
| Kleppstad Nærkjøp Da | supermarket | Kleppstad, 8313 | NOK 0 | 0 | NOK 0 |
| Nettbutikk Tuziene | other non-specialised store | Ringveien 18, 8310 Kabelvåg | NOK 0 | 0 | NOK 0 |
| Orient Butikk Svolvær As | supermarket | Sivert Nilsens gate 48, 8300 Svolvær | NOK 0 | 0 | NOK 0 |
| Svolvær Dagligvarer As | supermarket | Sivert Nilsens gate 31, 8300 Svolvær | NOK 0 | 21 | NOK 0 |
| Vita Avd 1812 | discount store | Lofotgata 33, 8300 Svolvær | NOK 0 | 4 | NOK 0 |
| Lillekiosken As | gourmet food store | Dreyers gate 5, 8312 Henningsvær | NOK 767.0K | 1 | NOK -5.0K |
| Vinmonopolet As Butikk Svolvær | alcohol store | Lofotgata 33, 8300 Svolvær | NOK 37.4M | 9 | NOK -502.0K |
Conclusion
The fish processing industry in Vågan is a small but stable industry with potential for development. The only registered company, Henningsvær Sjømat As, has shown an increase in the number of employees, even though no economic activity has been registered. Entrepreneurs should consider opportunities to increase sales revenue and EBITDA, which could lead to better economic results. It is also possible to leverage the broader service sector in Vågan, which has grown by 13.1% in sales from 2024 to 2025. This could lead to positive development for the fish processing industry if they can adapt to the market. SmartGrunder can help entrepreneurs find suitable addresses in Vågan for the fish processing industry, based on natural conditions and market prospects.